Chevron Corporation announces that its Nigerian affiliate, Star Deep Water Petroleum Ltd, has commenced crude oil production from the Agbami Field, located offshore Nigeria.
Norwegian oil and gas group StatoilHydro confirmed on Friday it will not make any new investments in Iran, following pressure from the United States to isolate the Islamic Republic over its nuclear ambitions.
Candax Energy Inc. has announced the completion of the hook-up of EBB-3 the third and final of the three development wells in the El Bibane field offshore Tunisia.
Aker Solutions has been awarded a frame contract by BP for the delivery of subsea umbilicals to the oil company's PSVM ultra-deepwater field development offshore Angola. Intial contract value is approximately NOK 360 million.
A Lukoil executive detained in Libya since last year has been freed, the Russian company said today, hours before Russian Prime Minister Vladimir Putin was due to meet his Libyan counterpart al-Baghdadi Ali Al-Mahmoudi.
United Arab Emirates-based Crescent Petroleum and its affiliate Dana Gas will begin supplying natural gas in Iraq's Kurdish region in the coming weeks, the pair said.
Leading steel pipe and railway wheels producer Interpipe has announced the opening of a new production line at Interpipe NMPP mill. The new line gives Interpipe the capacity to produce pipes with an external anti-corrosive 3-layer coating for both seamless and welded pipes up to 530 mm for oil and gas transportation.
Nigerian militant group the Movement for the Emancipation of the Niger Delta (Mend) has claimed it has attacked two major crude oil pipelines operated by Anglo-Dutch supermajor Shell.
Eni has made a new, significant gas discovery in the Sicilian Strait, with the Cassiopea 1 well at a water depth of some 560 meters, about 22 kilometers off the coast of Agrigentos.